1. [ ] [ ] [ ] Which statements are true? Pure equity capital is characterized by a nominal claim of the capital providers. The dynamic repayment period is always longer than the static repayment period. Income taxes act decision neutral during investment calculations because they are included in both the numerator and denominator of the NPV-annuity factor. In a company with the legal form of an OHG all partners are subject to unlimited personal liability. None of the above. [] [ ] 2. [ ] [ ] Which statements are FALSE? If a bond is emitted with a disagio (discount), the effective rate of return is lower than the nominal rate of return given no change in other factors. Once the conversion right of a convertible bond is exercised, the convertible bond ceases. The former creditor then becomes owner of the company. It is called non-genuine factoring when the factor does not provide the client with addition- al services like accounting. Restrictedly transferable registered shares are bound to the original buyer and can-not be sold again. None of the above. [ ] [ ] [ ] 3. [] [ ] [ ] Which statements regarding leasing are true? If the installments paid by the lessee during the minimum period do cover all of the lessor's costs this is called a full amortization contract. Tax advantages of the lessor compared to the lessee are a sensible reason for leasing. For leveraged leases it is true that the lease object usually is the sole asset of a special purpose vehicle (SPV). The capital necessary is provided by the lessor (equity) as well as by an additional creditor. Direct leasing implies that the manufacturer of the leasing object is also the lessor. None of the above. [ ] [ ] 4. [] [] [ ] When increasing the capital stock out of company funds... liquidity (cash) of the company will be increased. accrued liabilities are changed into authorized capital (accounting exchange on the liability side). free (bonus) shares are issued to existing shareholders in case the company has issued par value shares. the authorized capital of the company does not change. As the only effect, more earnings will be retained, thus reserves (surplus) will increase. None of the above. [ ] [ ]